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Another Small Lot of #Bitcoin Acquired by #MicroStrategy 📈📈📈
Now they #hodl, a total of 140,000 #Bitcoin, which now worth $4.17B 🚀🚀
#Fear and Greed Index running at 62 and #YTD High is 68. This making positive impact and pushing day by day, making a Strong Bullish Sentiment in the Market 🚀🚀. Also to mention, that We're entering into the Greed Range Now, so careful with the Positions.
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#BTC again moves up till the resistance area and kinda rejecting again that level. Well, this scenario repeating again and again and only thing is to wait for a breakout. Hopefully, breakout will be done by this weekend 📈📉
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Notice of Removal of Trading Pairs - 2023-04-07
https://www.binance.com/en/support/announcement/60fff2470a2e428da6fa9e36ed9147ad
Here's the Analysis of #LTC :
#LTC moving from range to range or more likely to say, its ranging now. Price hovering below the major resistance zone of $97.80 - $102.40. Also, there's a Strong support zone at $86.55 - $87.20. Anticipating a continuation till resistance area for a retest and breakout above it. Price is bullish, above strong support level.
#BNB dropped towards the structural support and rejected it sharply. Price still maintaining inside the small channel pattern and moving. A buys comes above thr channel with a proper breakout. Alternatively, a candle Closure below the support will lear in shorts position.
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#DOGE goes as followed but didn't rejected from the resistance line. Price tested the support as expected, and if you took longs there, then you're in 33% profits. This sharp jump came from #Elon Musk Changes the Twitter Logo to Doge Coin Logo. Anticipating Retracement now, as this is a news driven move.
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#Elon Musk Changes the Blue #Twitter Logo to #DOGE Coin Logo, which tend to create in Hype for the #DOGE coin. Price jumped around more than 33%+ in past hour. Don't Fomo Buy here, we might some flash dump in some time 📉
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#AUCTION/BTC massive double bottom pattern with great RR.
#AUCTION flight is still on runway preparing for takeoff🚀✌️
#AUCTION chart is definitely looking very bullish here with a lot of exciting news coming this week🚀
Don’t miss #AUCTION rally in coming days✌🏻
#AUCTION/USDT BUY/LONG CALL
Lying above strong support. RSI is showing a bullish divergence. EMA'S are acting as solid support. Stochastic is giving a buying signal. Expecting a big upward move from here.
Targets: $6.36-7.59-8.98-10.05
Stop if 1D close below $5.14
#AUCTION team is giving us indication for something big coming this week👀
It’s a must buy here🚀
We will announce a big news based spot call with strong TA and huge potential in coming days, after 60 minutes😊
Stay tuned.
#DOT Analysis :
#DOT is been consolidating for long, more than 3 weeks, just below the major resistance zone of $6.80 - $7.12. Looking into the Daily TF, short-term structure shifted bearish. Price broke below the small trendline, which might push it lower till the bottom the range. Setups will be risky for now, so wait for it.
#Bitcoin again rejected after retesting back to upper range/ resistance area, with the monday market open. Well, this on Daily TF, a reversal Candlestick is formed, which tends to move bearish now. Price might take support nearby $27,000 (Bottom of the Consolidation Range).
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What is #Halving in Crypto ?
#Halving in cryptocurrency refers to a programmed reduction in the amount of new coins or tokens that are created as a reward for mining blocks on a blockchain network. This event occurs at regular intervals, and it is a critical part of the #protocol of many cryptocurrencies, including #Bitcoin and #Litecoin.
During halving, the #reward for mining new blocks is reduced by #half, which decreases the rate at which new coins are introduced into the #network. This is designed to control #inflation and maintain the #scarcity of the cryptocurrency. The process is mathematically predetermined, and it reduces the reward given to #miners in exchange for maintaining the network and validating transactions.
Halving typically results in a reduction in the supply of the cryptocurrency, which can lead to an increase in its #value due to the increased scarcity. This has been observed in the past during the halving events of #Bitcoin and other cryptocurrencies. Halving is an important event in the cryptocurrency #ecosystem and is closely followed by #traders, #investors, and other #stakeholders.
The Most Recent and Famous Example for #Halving occurred in the #Bitcoin network on May 11th, 2020. This was the third halving event in the history of Bitcoin. The block reward for mining a new block was reduced from 12.5 BTC to 6.25 BTC per block. This meant that miners received half of the reward for their work in validating #transactions and securing the network compared to before the halving.
This Most Upcoming Example of Halving will be #Litecoin, Check it Out Here.
#BNB trying to breakout of the zone small channel pattern and there's a minor break and close candle. Well, if we start breaking the highs of the previous candles then we can expect a continuous upmove till major resistance area around $333. Small scalping can be done here, take it accordingly.
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Wallet Maintenance for Ethereum Network (ERC20) - 2023-04-06
https://www.binance.com/en/support/announcement/c758df4409764a20985581ad0738194c
#LTC halving coming around in next 4 months. This is a Very Strong and Important Event for a Coin, which can shoot the price very aggresively as Date will approach nearby.
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Join our official big pump group,
Next 2000-3000% coin will be posted here:
/channel/+gTp-YVbwIGk3NTlh
What Are Smart Contracts?
#Smart contracts are self-executing contracts that use blockchain technology to automatically enforce the terms of an agreement. They are computer programs that run on a blockchain and can #facilitate, #verify, and #enforce the negotiation or performance of a contract without the need for intermediaries. Smart #contracts can be used in a wide range of applications, including finance, real estate, supply chain management, and more.
They are designed to be #secure, #transparent, and #tamper-proof, with all transactions being recorded on a public #ledger that is accessible to all parties involved. Smart contracts eliminate the need for intermediaries, reduce costs, increase efficiency, and improve the overall #transparency and #trustworthiness of transactions.
Smart contracts have the potential to revolutionize the way we conduct business and interact with each other. They offer greater #transparency, #security, and efficiency, and can help reduce the #costs and risks associated with traditional contract enforcement.
Benefits of Smart Contracts ?
Distributed —> Smart contracts are replicated and distributed in all nodes of the #Ethereum network. This is one of the major differences from other solutions that are based on #centralized servers.
Deterministic —> Smart contracts only perform the actions they were designed to, given the requirements are met. Also, the outcome will always be the same, no matter who executes them.
Immutable —> Smart contracts can't be changed after deployed. They can only be "Deleted" if a particular function was previously implemented. Thus, we may say that smart contracts can provide tamper-proof code.
Customizable —> Before deployment, smart contracts can be coded in many different ways. So, they can be used to create many types of #Decentralized applications (#DApps).
Trustless —> Two or more parties can interact via smart contracts without knowing or trusting each other. In addition, #blockchain technology ensures that data is accurate.
Transparent —> Since smart contracts are based on a #public blockchain, their source code is not only #immutable but also visible to anyone.
#BTC Rejected from the Resistance area and spike down nearly to the bottom of the range. Looking into the Daily TF, Candles are still in conjunction showing not enough Volume for a breakout.
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Here's the Analysis of #SXP :
#SXP is been Trending with some aggressive moves irrespective of the market conditions and making Higher Highs & Higher Lows. Price tapped out the resistance area around $0.9100 - 0.9450. Well expecting a retracement now till $0.670 and $0.710. Alternatively, a breakout above the resistance, will open the next potential move till $1.10 & $1.15.
#AUCTION team is giving us indication for something big coming this week👀
It’s a must buy here🚀
#AUCTION/BTC BUY/LONG CALL
Lying above strong support. EMA'S are also acting as a support. MACD crossover is showing bullish momentum. It will pump hard from here 🚀
Targets: 2270-2675-3496-4125 satoshi
Stop if 1D closes below 1860 satoshi
https://twitter.com/bounce_finance/status/1642919897532600325?s=46&t=OcMXeoqqisNjsdtMh35i7g
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We are buying #AUCTION here
AUCTION is ready for a moonshot 🚀
Now is the right time to build your position in AUCTION for massive profits in short term🚀🚀
What is Selfish Mining ?
#Selfish mining in Bitcoin is a strategy used by some #miners to increase their chances of earning mining rewards by withholding blocks that they have mined from the rest of the network. By #secretly mining on the next block, they can gain an advantage over other miners and earn more #rewards than their fair share. This can harm the network's security and decentralization, especially if the selfish miner controls a significant share of the #network's hash rate. The Bitcoin network is constantly being improved to prevent selfish mining and maintain its #security and #decentralization.
Let's See a Example of this
Let's say there are three miners on the #Bitcoin network: Miner A, Miner B, and Miner C. Each miner has an equal share of the network's #hash rate, which means they have an equal chance of mining a new #block and earning a reward.
Miner A mines a new block and broadcasts it to the network for verification. Miners B and C receive the #block and start working on the next block. However, before #broadcasting the new block, Miner A decides to #withhold the block and continues mining on the next block in secret.
Meanwhile, Miners B and C continue to work on the next block, #unaware that Miner A has already solved it. When Miner A eventually broadcasts their new block to the network, the other miners see that it has been solved and discard their own work on the next #block. This gives Miner A a head start on the next block, and they are more likely to earn the #reward for that block.
If Miner A continues to withhold blocks and keeps #mining on the next block in secret, they can gain an #advantage over the other miners and earn more rewards than their #fair share. This is known as selfish mining because Miner A is not playing fair and is intentionally withholding information from the network to #gain an unfair advantage.
2023 Q1 is been completed with some Bullish and Positive Numbers. Historically, Q2 is been a bit challenging, but hopefully we'll see Bullish Moves 🚀
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Here's the Analysis of #DOGE :
#DOGE rejected from the major resistance zone and recently bounced off from the strong support zone of $0.0657 - $0.0677. Currently, price testing the structural support can gonna move up. There's a resistance line moving just above, which can potentially tested and rejected, with that up move.